Origin of Auditing

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Questions and Answers

In which ancient text is the reference to auditing found?

  • The Mahabharata
  • The Vedas
  • The Ramayana
  • Kautilya’s Arthshastra (correct)

What led to an expansion in the demand for auditors during medieval times in Europe?

  • Agricultural advancements
  • Industrial revolution (correct)
  • Religious reforms
  • Technological stagnation

When was the first Auditor General of India appointed?

  • 1900
  • 1820
  • 1700
  • 1860 (correct)

Who is presently responsible for auditing government receipts and expenditures in India?

<p>Comptroller and Auditor General of India (A)</p> Signup and view all the answers

What is the origin of the word 'audit'?

<p>It originates from the Latin word 'audire' meaning 'to hear' (D)</p> Signup and view all the answers

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